Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target | Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target |

Consulting

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MBS and the Consultants: How McKinsey, BCG, and the Advisory Industry Sold Saudi Arabia an Impossible Future

McKinsey earned $130 million per year from NEOM. BCG proposed an artificial moon. Oliver Wyman expanded 40% in a single year. PwC was banned for poaching. Deloitte was banned for audit failures. The complete record of the consulting industry's role in enabling — and profiting from — Vision 2030's fantastical ambitions.

Updated Apr 5, 2026

The McKinsey Bill: $1 Billion in Fees for Unbuildable Plans

McKinsey earns more than $130 million per year from NEOM. Over nine years, the cumulative bill likely exceeds $1 billion. McKinsey designed the plans. McKinsey audited the plans it designed. The audit found the plans would cost $8.8 trillion and take until 2080. The fee was the same either way.

Updated Apr 5, 2026
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